iParryware Roca eyes Rs 800 cr sales

KOLKATA: Parryware Roca, the sanitary ware company, is aiming to double its turnover in three years to Rs 800 crore, a company official said today.

The projected turnover of the company during the current financial year is Rs 400 crore. Managing Director of Parryware Roca Emilio Salazar told reporters here that the company at present was enjoying 47 per cent market share of in the organised sector.

In the premium segment, the company's market share was 10 per cent, he said. Roca of Spain holds 97 per cent stake in EID Parry India. The official said with the projected expansion plans, the company might set up a greenfield unit in a location where natural gas was available.